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Zipmex, which aspires to build the Asia Pacific region’s largest digital assets exchange, raises $6 million led by Jump Capital

Zipmex, a digital assets exchange headquartered in Singapore, announced today it has raised $6 million in funding led by Jump Capital. The startup, which plans to become a digital assets bank, says the round exceeded its initial target of $4 million. Along with earlier funding, it brings the total Zipmex has raised so far to $10.9 million.
The exchange is regulated in Singapore, Australia and Indonesia, and licensed in Thailand. It focuses on investors new to cryptocurrency with educational features, as well as high net-worth individuals, and says it has transacted over $600 million in gross transaction volume since launching at the end of 2019.

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Watching Earth Burn

I have a pastime, one that used to give me considerable pleasure, but lately it has morphed into a source of anxiety, even horror: earth-watching.Let me explain.The earth from space is an incomparably lovely sight. I mean the whole planet, pole to pole, waxing and waning and rotating in that time-generating way it has, and not the views from the International Space Station, which is in a low orbit about 200 miles up and gives us only part of the whole.My earth-watching, made possible by NOAA and Colorado State University websites, originates in three geostationary weather satellites parked …

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Sailors Stranded for Months as China Refuses to Let Ships Unload Australian Coal

The Jag Anand is owned by an Indian company, Great Eastern Shipping. While Great Eastern Shipping employed the crew, it says it cannot unilaterally let the ship leave because the vessel had been chartered out to another company, Cargill, which is based in Minneapolis. It, in turn, had sub-chartered the Jag Anand out to another company.On the other end of the chain are the buyers for the Australian coal on the Jag Anand: the Chinese company Tangshan Baichi Trading. It bought the cargo from an Australian supplier, Anglo American. When contacted, Great Eastern Shipping and Cargill said the buyer …

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